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SAP FI Clearing
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Title of test:
SAP FI Clearing Description: Clearing open Item Author: Vrindaban Other tests from this author Creation Date: 09/10/2009 Category: Others Number of questions: 22 |
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Open items are the incomplete transction such as invoice that has not been paid transction such as invoice that has not been paid. Documents with open items Can be archived even it's not paid for long time can not be archived and stay in the system untill all items are cleared. Basic transction you can use to clear open items Posting with clearing Account clearing. Manually clearing an open item with related Credit memo and payment is the example of Posting with clearing Account clearing. A clearing transaction always creates a clearing document Document. You enter the clearing document amount and then select upon items that are to be cleared , is the function of Account clearing Post with clearing. You can not carry out posting with clearing automatically True False. If the total amount of selected upon items equals the amount of the clearing document, the system cleares the open item by clearing one or more clearing items True False. If the total amount of selected upon does not equal the amount of the clearing document, the system allows you to post the differance True False. Account with clearing, clearing date is always current date. True False. The account clearing function only works for "sub-ledger A/C" managed with open item True False. Automatic clearing program groups items from an account if they have same Reconciliation A/C number Currency Special GL indicator Five freely defined criteria from document header only Five freely defined criteria from document line item only Five freely defined criteria from document header or line item ex ref no, assignment field etc. All account requring automatic clearing must be defined In Customizing when you create GL master data when you create customer or vendor master data. Automatic clearing program does not clear Noted items items with withholding tax entries customer over due item overdue vendor item. Automatic clearing program does not clear Statical posting and certain special G/L transction relating to bill of exchage down payment can only be cleared if down pmt clearing items of the same amount have already been posted Statical posting transction relating to bill of exchage down payment can only be cleared if down pmt clearing items of the amount have already been posted. Assignment field can be a combination of Up to 4 field with a maximum of 16 characters Up to 4 field with a maximum of 18 characters Up to 4 field with a maximum of 8 characters. the line item sorting and line item display and clearing functionis based on Assignment field Application field sort field. When an invoice is posted in sales order managment An accounting document is created in financial. Does not have any effect in financial. You can trace sales order management document by referance and assignment referance assignment. Normally accounting document has a document number that is normally different to the number of sales order managment invoice. True False. A clearing document must have at least two line item True False. The automatic clearing program can not carry out automatic posting True False. |
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